Environmental, Social and Governance

Insight

We talk a lot about global carbon trading markets – yet relatively little about the mechanism by which countries trade emissions reductions. That mechanism - Internationally Transferred Mitigation Outcomes (ITMOs) – is a strategic tool for nations to not only comply with their climate commitments but also to leverage their carbon sink resources effectively.

26 August 2024

Featured Insight

The strong global push to electrify the world’s vehicle population has in turn created exponential demand for the various components comprising an EV, with the most important being its energy source – the battery. The EV battery (and its supply chain) serves as the single most valuable part of an EV, typically accounting for 30% to 40% of the value of the vehicle[2]. This high cost is mainly attributed to the battery’s composition of several critical raw minerals, including lithium, cobalt, manganese, nickel and graphite[3]. As we share below, these minerals are hard to come by and supply is concentrated in the hands of a few countries.

24 July 2024

Featured Insight

The EU's Corporate Sustainability Due Diligence Directive (CSDDD) will pave the way for a new era of corporate due diligence obligations.

22 May 2024

Insight

As Australia transitions to a low-carbon economy, we see carbon markets play an increasing role to help achieve net zero ambitions. Staying on top of deadlines and developments is essential.

26 March 2024

Insight

The Year of the Dragon is here: and it promises evolution and opportunities across energy, ESG and technology

06 March 2024

Featured Insight

The long-awaited renewal of the China Certified Emission Reductions (CCER) market is expected to drive trading activity, develop the market and spur innovation. This is a critical step towards China reaching its ‘30.60’ decarbonisation target: peak emissions by 2030 and carbon neutrality by 2060.

26 January 2024

Publication

The reality of the ground we need to cover to reach global decarbonisation targets is driving policies, investment and innovation. To do this effectively and within desired timeframes it’s critical that we embrace collaboration by working together, sharing knowledge and simply connecting people.

24 November 2023

Insight

The Philippines is among the world’s most vulnerable countries to climate change. Increases in the frequency and intensity of typhoons, changes in rainfall patterns, rising sea levels and increasing temperatures all pose a serious threat to the archipelago nation’s ecosystems and its 100 million+ population. This makes poverty-reduction efforts even harder.

24 November 2023

Insight

Indonesia is at a critical juncture in shaping its energy future. The archipelago nation faces the challenge of boosting energy supply by ensuring universal electricity access for its people by 2040, while cutting carbon emissions to reach its net zero target by 2060. This is happening against a backdrop of one of the fastest-growing economies globally. Indonesia has experienced rapid economic growth since the 1970s, reducing poverty levels across its population of almost 280 million. Now, climate change threatens its diverse ecosystem. Communities are vulnerable to flooding, rising sea levels and heatwaves.

24 November 2023

Insight

Vietnam is among the fastest growing markets in ASEAN. Strategically located in the centre of Southeast Asia, its GDP, foreign direct investment and middle-income population have all grown over the past decade. Vietnam’s share of annual global emissions is relatively small - approximately 0.88% in 2021 - for a population of almost 100 million, or roughly 1.2% of the world’s people. The country is severely affected by climate change. With 3,260 km long coastline, many low-lying cities and river delta regions, Vietnam ranks first in the world for exposure to flooding alongside Bangladesh. The World Bank estimates Vietnam lost around US$10 billion in 2020 due to climate impacts. Without appropriate adaption and mitigation measures, climate change could cost Vietnam around 12% to 14.5% of GDP annually by 2050 according to World Bank estimates.

24 November 2023

Insight

Japan is the third-largest economy in the world and among the world’s highest emitters. Home to approximately 126.5 mn people, Japan consists of several thousand islands most of which are covered by mountains and surrounded by steep shorelines. The topography limits renewable energy development and Japan’s susceptibility to natural disasters such as typhoons and earthquakes has impacted nuclear generation following the 2011 Fukushima Daiichi Power Plant accident. Triggered by the Great East Japan Earthquake, this event tipped Japan’s economy into recession. A little over a decade on, Japan’s economy is showing signs of recovery – and investors are circling.

24 November 2023

Insight

In our country chapters, we look at initiatives to encourage the transition to a net zero economy – across emissions reduction targets, carbon markets, financing, transport, housing and buildings, and agriculture. Here is a brief snapshot. More detail and examples are in the country chapters.

24 November 2023